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SATX (SatixFy Communications) Net-Net Working Capital : $-1.28 (As of Sep. 2024)


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What is SatixFy Communications Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

SatixFy Communications's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-1.28.

The industry rank for SatixFy Communications's Net-Net Working Capital or its related term are showing as below:

SATX's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 7.43
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SatixFy Communications Net-Net Working Capital Historical Data

The historical data trend for SatixFy Communications's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SatixFy Communications Net-Net Working Capital Chart

SatixFy Communications Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-0.52 -0.66 -1.14 -1.13

SatixFy Communications Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 -1.13 -1.19 -1.19 -1.28

Competitive Comparison of SatixFy Communications's Net-Net Working Capital

For the Communication Equipment subindustry, SatixFy Communications's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SatixFy Communications's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SatixFy Communications's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SatixFy Communications's Price-to-Net-Net-Working-Capital falls into.



SatixFy Communications Net-Net Working Capital Calculation

SatixFy Communications's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.979+0.75 * 6.351+0.5 * 1.475-113.488
-0-0)/83.1142
=-1.13

SatixFy Communications's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.524+0.75 * 1.423+0.5 * 1.737-117.192
-0-0)/84.8142
=-1.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


SatixFy Communications  (AMEX:SATX) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


SatixFy Communications Net-Net Working Capital Related Terms

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SatixFy Communications Business Description

Traded in Other Exchanges
N/A
Address
12 Hamada Street, Rehovot, ISR, 670315
SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.

SatixFy Communications Headlines